 Posted: Mon Jun 13, 2011 6:14 pm Post subject: |
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No such thing as "low cost term" at age 81. There may be a term policy available, but it will be annual renewable term which will end up costing 2-5 times the actual death benefit in premiums from age 81 to age 95. A person who has that kind of money to spend on life insurance doesn't need the life insurance.
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MaxHerr
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